Pix Trans IPO base formationRecently listed stock is forming a base and has taken support at the previous swing. There is strong bounce from the 52 week low. The stock might head towards the trendline.
PIXTRANS trade ideas
PIX TRANSMISSION Daily Time framePix trans is breaking out from symmetrical pattern, today it gave a follow up candle of the breakout candle.
PIX Trasnmission buy at 887, SL at 874 DCBPIX Trasnmission buy at 887, SL at 874 DCB
PIX Trasnmission buy at 887, SL at 874 DCB
PIXTRANS Cup with HandlePIXTRANS breaks out from cup with handle pattern on 1hr and 4hr timeframe. Target - 1041 & Stop Loss- 862.
PIXTRANScooking big in this counter , range breakout or channel breakout buy above 1000 for safe entry , distance between support and resistance is upside target .
PIX Trans, long term pick#pixtrans
Looks good on weekly and daily charts.
1.Has formed flag pattern
2. Tested first Fib Support
3. Pullback testing was done with less than average volumes.
Personally will add in parts till 700 levels.
Will add final qty above weekly close of 910
Long term holding stock. May not reward within a day, week, month or year.
Fundamentally also good, no major issues.
Kindly DYOR.
Pix Transmission - Box BreakoutThere is a darvas box breakout above 900. Longabove that price with SL below 825.
PIX TransPIX Transmisson : CMP: 858 SL: 700(CB) Target: open... Note: Wait for tomorrow closing and buy high of candle price.
Note: Educational post.
PIXTRANS Consolidating in a range for sometime now. Today's umove is supported by decent volumes. If crosses and sustains the first upside marked level then can try for second and third upside levels.
PIX TRANSMISSIONS LTD: RUNNERPix Transmissions Looking good on chart
Buy @cmp
TGT 1 - 860 ,TGT 2 - 930
SL - 760
Disclaimer:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis
Pix Transmission - Wedge Breakout After almost 2.5 months of consolidation and failing to breakout multiple times PIX will try to breakout again this week.
Will look to enter this in 2 phases..
Long above 850 and then again above 905.
Coz the first entry SL will be slightly deep to give it a chance to perform will keep the allocation small (4-5%)
SL 760.
Expecting Breakout ✌✌✌This scrip is expected to give breakout as it is on the verge of breakout. So trders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
Pix - Can it give the breakout?The levels are marked in the chart. Please follow proper position sizing.
PixTrans Flag or Bullish Channel Pattern BreakoutPixTrans formed Bullish Channel Pattern. So, we can expect the stock may go long.
Please check the chart for details. Mentioned clearly about the support and resistance points (if applicable).
Chances for Long is high and short is low in my opinion.
I am learning as well. so please analyse the chart by yourselves before taking any decisions.
Criticism always welcome. Appreciation as well.
Thank you.
Pix Transmission - Wedge BreakoutAnother wedge breakout candidate which produced a good result recently.
Long above 725/730.
SL 5% below purchase price.
Target 800++
PIX TRANSMISSION - 3-6MONTHSMEDIUM TO LONG TERM IDEA..
PIX Transmissions Ltd. is the leading manufacturer of Belts and related mechanical Power Transmission products.
Its peer APCOTEX is trading at 32 PE while this is at 13.5 PE..
Results are coming superb every quarter .. Debts have reduced continuously from past years.
Promoters have increased stake in past 3 quarters.
There are 2 problems in this company though..
1. It is only BSE listed
2. The share had increase from 80 odd rs to 500 Rs.
But it is still undervalued according to me .. Lets see if we can gain from this
PIx Transmission - Rerating CandidateLong at whichever price comes first..either 520 (Ideally) or 550 (Momentum)
If long at 520 SL below 495
If long above 550 SL 515.
First target 620.
On supportAs long as 372 is held, the stock will remain bullish and we can hope for achieving a target of 560 by July end.
